Why is Kore Digital falling/rising?

As of 17-Nov, Kore Digital Ltd's stock price is currently at 171.55, reflecting a decline of 9.0 points or 4.98%. The stock has underperformed its sector by 4.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.23%, but it has significantly underperformed over the longer term, with a year-to-date decline of 70.63% and a one-year drop of 77.78%. The company has faced negative results for the last three consecutive quarters, with net sales and profit after tax showing substantial declines. Despite having a high return on equity and low debt-to-equity ratio, these positive factors are overshadowed by the company's poor performance and declining profits.
In the broader market context, the Sensex has increased by 1.72% over the past week, contrasting sharply with Kore Digital's performance. The stock's significant underperformance relative to the benchmark is evident, as it has lagged behind the BSE500 over the last three years, one year, and three months. While there has been a rise in investor participation, indicated by a 106.37% increase in delivery volume, the overall sentiment remains negative due to the company's ongoing financial struggles and declining sales. This combination of factors contributes to the stock's downward movement in the market.